Morning Daily - 2021-01-20

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ETAuto Newsletter | Wednesday, January 20, 2021

Daily Newsletter
Passenger Vehicle | Two Wheelers | Policy | Auto Components | Industry | Tyres | Oil & Lubes | Commercial Vehicle
Top Stories
• How did we end up with this chip shortage?
• Operating profits of tyre makers to surpass pre-COVID levels, credit outlook stable: CRISIL
• Escorts to commercially launch electric tractor in India
• Electric car manufacturer Tesla may park in Gujarat
• Tata Motors receives 98 patents in 2020
• Entry of Tesla in India doesn't worry us at all: Mercedes-Benz
• Nearly two-thirds of auto industry loan requirements met by private, foreign lenders: Report
• JBM Auto bags order for 700 BS-VI CNG buses from DTC
• Aluminium industry seeks govt support; looks forward to supportive measures in Budget
• Ceat Q3 PAT jumps 150% to INR 132 cr
• Stellantis confident on cost savings, announces China review
• GM teams up with Microsoft on driverless cars
• In 14-brand Stellantis, who will make the cut? Automotive News
• Canadian GM workers ratify contract for commercial electric van production The Detroit News
• How To Land A Job In 2021 Forbes
• The One High Tech Job That Will Never Go Away Forbes
Passenger Vehicle
• US orders Ford to recall 3 mn vehicles with Takata airbags
• European car sales suffer worst plunge ever in pandemic
Auto Components
• Aluminium futures ease on low demand
• Viking Plastic to provide battery cooling watercross part for hybrid Jeep Wrangler 4xe
Industry
• India seen contributing 15% of global growth by FY26
• Electric vehicle startup Rivian adds $2.65 bln investment led by T. Rowe Price
• EV drive could outweigh corona gloom in German car market: Hyundai
• Investors pump $125 million into EV charging startup Volta
• Czech 2020 car production falls 19%, lowest since 2014
• Paradigm shift in vehicle ownership plans with pandemic financial crisis
• Yes Bank rolls out Yes MSME offering funding, knowledge partnerships & digital solutions to MSMEs
Oil & Lubes
• India blames Saudi oil output cut for surge in oil prices
• At Rs 91.23/L, petrol in Pune costliest since 2013
Commercial Vehicle
• Tata Motors - offering the most robust, efficient and durable tipper trucks
Aftermarket
• BluSmart Mobility appoints two new members to its board
• AutoFlipz launches platform offering standardisation, transparency in automobile aftermarket repair
Auto Technology
• Aeva to work with Denso on 'mass market' lidar sensors
• Apple Car may use 'C1' chip based on the A12 Bionic processor
• China's Geely teams up with Tencent on smart car tech
 
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